700+ threads over 2 cores, can saturate 2 400gbe Nic's 500 wats per chip (less than 2 wats per thread)... All of that in a 2U package.... 20 years ago that would have been racks of gear.
I think those really 2 watts per thread are a lot more important than what us home users usually think. Having to deliver less power and having to dissipate less watts in form of heat in a data centre are really good news to its operative costs, which is usually a lot bigger than the cost of the purchase of the servers